Is Monroe Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Monroe Township has remained a Seller's Market.
Housing Prices in Monroe Township, OH
How much do homes in Monroe Township, OH cost?
Median Sold Price
$315,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Monroe Township was $315,000 in March 2024, up 75.1% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $120.5K | $255.5K | +112.0% |
3 Bedrooms | $165K | $265K | +60.6% |
4 Bedrooms | $376.2K | $375K | -0.3% |
5+ Bedrooms | $260K | $332K | +27.7% |
Summary: Monroe Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 112%, 3 bedroom homes increased by 60.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Cities
Monroe Township | $179.9K | $315K | +75.1% |
Harrison Township | $180K | $215.9K | +20.0% |
Washington Township | $247.5K | $241.2K | -2.5% |
Housing Supply in Monroe Township, OH
How many homes are available in Monroe Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Monroe Township real estate market had 17 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Monroe Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Monroe Township in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Monroe Township, OH
How long does it take to sell a home in Monroe Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
122 Days | 68 Days | -44.3% |
Summary: Homes in Monroe Township had an average of 68 days on market in Mar 2024, down by 44.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Monroe Township; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.